Save Article

Americas Markets Post Gains
On Strength in U.S. and Asia

Share prices gained ground Friday as investors in the key stock markets of Latin America and Canada cheered market gains in the U.S. and Asia.

Mexican stocks jumped as a rally in Asian share prices eased concerns that the domestic economy's growth will weaken. Meanwhile, Canadian stocks moved higher on the back of a surge in the gold group.

World Stocks: European Finance Firms Are Still Favorites With Investors

Friday's gains in Asia and a strong early start on Wall Street boosted Argentine issues, as Brazilian stocks snapped a two-day losing streak.

In dollar terms, the Americas sector of the Dow Jones Global Indexes was up 0.01 to 223.44 as of 8 a.m. EST Monday, following a gain of 2.49 on Friday. The Dow Jones World Stock Index was up 0.82 to 165.56, after rising 2.69 on Friday.

Overseas-trading and heavy-construction issues led the Dow Jones Global Industry Groups, while footwear and office-equipment shares were among the laggards.